(Repeats story issued on April 11 with no changes to text.)SHANGHAI (Reuters) - Chinese bourses have set daily restrictions on net share sales by hedge funds and large retail investors, four sources said on Friday, as Beijing steps up support for its stock markets in an intensifying trade war with the United States. Two investor sources said a soft limit on daily net sales by individual hedge ...
Investing.com -- DN Solutions, a South Korean industrial tools manufacturer, began bookbuilding for an initial public offering (IPO) on Monday, which could raise up to 1.6 trillion won ($1.1 billion). According to the company’s filing, this could be the largest listing in the country in more than three years.The company plans to offer 17.5 million shares at a price range of 65,000 to 89,700 won ...
Investing.com -- Best Buy Co., Inc. (NYSE: NYSE:BBY) stock rose 8.8% in Monday’s pre-market trading following the White House’s announcement to exempt smartphones and computers from new reciprocal tariffs on Chinese imports, providing a reprieve for the U.S. tech sector.The exemptions, announced on Friday, span across 20 categories, which notably include computers and laptops, semiconductor ...
Investing.com -- Russia, the world’s second-largest oil exporter and natural gas producer, has outlined its energy strategy for the next quarter century. The strategy foresees stable crude production and a significant increase in natural gas production and exports.The new energy strategy, published by the Russian government on Monday, targets natural gas exports of 293 billion cubic meters (bcm) ...